Commercial Broker

Commercial Broker

Corby Full-Time 42000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Engage with clients to provide tailored financial solutions and exceed sales targets.
  • Company: Join a dynamic finance team focused on helping SMEs thrive.
  • Benefits: Enjoy uncapped commission, flexible working, and exclusive funding access.
  • Why this job: Perfect for ambitious individuals eager to boost their earnings and make an impact.
  • Qualifications: 1+ year of broking experience and strong communication skills required.
  • Other info: Work from home options available; must have a valid UK driving license.

The predicted salary is between 42000 - 84000 £ per year.

Location: Corby, Flexible hybrid/remote working depending on experience

Salary: Competitive basic salary plus uncapped commission with a realistic first-year OTE £70,000

Benefits:

  • Uncapped commission structure
  • Free on-site parking
  • Exclusive access to funding lines
  • Individual and group performance incentives
  • Company pension
  • Work-from-home opportunities

About our client and the role of Commercial Broker:

We're recruiting for an ambitious and motivated Commercial Broker to join a dynamic and fast-paced finance team. This role is ideal for someone with a passion for sales, relationship-building, and helping SMEs access the funding they need to grow. With a strong basic salary and uncapped commission, it's a great opportunity for a driven individual ready to take their earning potential to the next level.

You'll be offering tailored financial solutions across a range of SME funding products, including:

  • Invoice Finance
  • Asset Finance
  • Business Loans
  • Merchant Cash Advances
  • Secured Business Loans
  • Refinancing Solutions

Responsibilities for the role of Commercial Broker:

  • Conduct inbound and outbound calls to discuss business finance requirements with customers.
  • Achieve and exceed realistic monthly KPIs.
  • Cross-sell additional products tailored to client needs.
  • Build and maintain strong relationships with clients to provide bespoke financial solutions.
  • Negotiate contracts and agreements to secure favourable terms for clients.
  • Prepare and present proposals to lenders to obtain finance approvals.

Experience required for the role of Commercial Broker:

  • A minimum of 1 year's broking experience.
  • Outstanding communication skills, both verbal and written, with the ability to build rapport with clients.
  • Strong negotiation skills with a proven track record of successful deal closures.
  • Self-motivated with a proactive approach to prioritising tasks.
  • Must hold a valid UK driving license.

For more information regarding the role of Commercial Broker please contact us.

Stellar Select is acting as an employment agency and is a corporate member of the REC.

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.

Commercial Broker employer: Stellar Select Limited

At our company, we pride ourselves on being an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation in the heart of Corby. With competitive salaries, uncapped commission structures, and flexible hybrid working options, we empower our Commercial Brokers to thrive while enjoying exclusive access to funding lines and robust employee growth opportunities. Join us to be part of a dynamic finance team where your contributions are valued, and your career can flourish.
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Contact Detail:

Stellar Select Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Broker

✨Tip Number 1

Familiarise yourself with the various SME funding products mentioned in the job description. Understanding Invoice Finance, Asset Finance, and Business Loans will not only boost your confidence but also help you engage more effectively during interviews.

✨Tip Number 2

Network with professionals in the finance sector, especially those who have experience as Commercial Brokers. Attend industry events or join online forums to gain insights and potentially get referrals that could lead to job opportunities.

✨Tip Number 3

Prepare for role-play scenarios that may come up during the interview process. Practising how to conduct calls and negotiate terms can demonstrate your readiness for the responsibilities of the role.

✨Tip Number 4

Showcase your communication and relationship-building skills in any interactions with the company. Whether it's through a phone call or an informal chat, make sure to highlight your ability to connect with clients and understand their needs.

We think you need these skills to ace Commercial Broker

Sales Skills
Relationship-Building
Communication Skills
Negotiation Skills
Financial Acumen
Customer Service Orientation
Time Management
Proactive Problem-Solving
Attention to Detail
Market Knowledge
KPI Achievement
Presentation Skills
Self-Motivation
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in broking and sales. Emphasise your communication and negotiation skills, as well as any specific achievements in previous roles that demonstrate your ability to meet KPIs.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for helping SMEs and your understanding of the financial products mentioned in the job description. Use specific examples from your past experience to illustrate how you can add value to their team.

Highlight Relevant Skills: In your application, clearly outline your skills in relationship-building and client management. Mention any experience you have with cross-selling financial products, as this is a key responsibility of the role.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in the finance industry.

How to prepare for a job interview at Stellar Select Limited

✨Know Your Products

Familiarise yourself with the various SME funding products you'll be discussing, such as Invoice Finance and Business Loans. Being able to explain these options clearly will demonstrate your expertise and help build trust with potential clients.

✨Showcase Your Communication Skills

Since outstanding communication is key for a Commercial Broker, practice articulating your thoughts clearly and confidently. Prepare to discuss how you've successfully built relationships in the past, as this will highlight your ability to connect with clients.

✨Prepare for Negotiation Scenarios

Anticipate questions about negotiation tactics and be ready to share examples of successful deals you've closed. This will showcase your strong negotiation skills and prove that you can secure favourable terms for clients.

✨Demonstrate Your Proactivity

Be prepared to discuss how you prioritise tasks and manage your time effectively. Share examples of how you've taken initiative in previous roles, as this will align with the self-motivated approach they are looking for in a candidate.

Commercial Broker
Stellar Select Limited
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